AED 80,000 /year

Studio
1 Bathroom
431 sqft / 40 sqm
APARTMENT FOR RENT IN MAG 318, BUSINESS BAY

Furnished Studio | Modern Design | Near Dubai Mall

*Furnished | Modern Design | Studio for Rent
*Size: 431 sq feet
*Rent: 80,000 Dirhams

MAG 318 is a 23-storey residential building in Business Bay Dubai. Developed by MAG Group in 2021, the tower offers studio, 1 and 2-bedroom apartments. Amenities in the building include a gym, pool, spa and play area for kids.Business Bay is a renowned mixed-use area in Dubai. Spread over 46.9 million sq. ft., the community houses notable landmarks, including Bay Avenue Mall, Dubai Canal and JW Marriott Marquis, the former tallest hotel in the world.

Type of building: Residential
Location: Business Bay
Developer: MAG Group
Number of floors: 23
Number of units: 439
Unit type: Studio, 1 and 2-bedroom apartments
Type of Ownership: Freehold
Amenities: Gym, pool, spa and play area for kids.

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Property details

Property Type

Apartment

Property Size

431 sqft / 40 sqm

Bedrooms

studio

Bathrooms

1

Available from

15 Dec 2024


Amenities

Central A/C

Balcony

Shared Pool

Covered Parking

Built in Wardrobes

Kitchen Appliances

Shared Gym

Lobby in Building

Children's Pool

Children's Play Area


Location

Map preview
MAG 318
Residential Insights

Price Range:

70K-280K AED/year
Business Bay
Community Insights
4/5237 building reviews

Luxury | Well connected | Mostly apartments

Price Range:

53K-4M AED/year

Price Insights

Transactions for Similar Properties

Studio Apartment in MAG 318

Sold for

DateAEDArea (sqft)
24 Jan 20251,050,000433
14 Jan 20251,000,000433
13 Jan 20251,040,000433
30 Dec 20241,030,000432
19 Dec 20241,100,000433

Rented for

DateAED/yearArea (sqft)
27 Jan 202575,000438
25 Jan 202582,000433
22 Jan 202582,000436
20 Jan 202590,000438
5 Jan 202580,000441
See all transactions in this location

Powered byDataGuru

This property costs 6% more than the average price of studio bedroom in Business Bay

Average Rent is 75,489 AED

This property is 16% smaller than the average size of studio bedroom in Business Bay

Average size is 514 sqft

The data displayed is based on average prices and sizes of all listings that were live on Property Finder in Business Bay

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Jamal Tahir

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Spot Light Real Estate Broker

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Response time

within 15 minutes

Experience

4 years

Closed Deals

4

Languages

English, Hindi, Urdu, Punjabi

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Regulatory information
Regulatory information

Reference

JTH-SPL-MGST

Listed

1 month ago

Broker License

17072

Zone name

Business Bay

DLD Permit Number:

71146614889

Agent License

57204

DLD Permit Number

Jamal Tahir

4.9

Usually responds within 15 minutes